What is an Employer Ownership Trust? An Employee Ownership Trust (EOT) is a Canadian-resident trust designed to hold shares...
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Introduction: The CRA’s Taxpayer Relief Program A Canadian taxpayer may face penalties and interest owing to the Canada Revenue...
Introduction: Derivative Tax Liability under Section 160 of Canada’s Income Tax Act Section 160 of Canada’s Income Tax Act...
CRA assessed $2.7 billion in additional tax and penalties from 2015 – 2023, including $1.4 billion in unpaid taxes...
INTRODUCTION: LOSS CARRYOVER CLAIMS EXCEEDING $200,000, ARE MORE LIKELY TO GET AUDITED A routine loss carryover claim could trigger...
Introduction – How CRA Assessments are Appealed to the Tax Court of Canada The Tax Court is a federal...
Introduction To Non-Resident Withholding Tax When non-residents receive income from Canadian sources, such as dividends, interest, royalties, or rental...
Introduction: Landlord’s Tax Obligations Canada has, over the years, gradually become a difficult business for landlords. In particular, Canada...
Introduction – The Recent Tax Court Decisions on Taxability of Poker Winnings: Duhamel, Fournier, Berube & D’Auteuil Poker, a...